ZipRecruiter furloughs, lays off almost 500 people; is it a harbinger of cuts at all recruitment sites?

ZipRecruiter furloughs, lays off almost 500 people; is it a harbinger of cuts at all recruitment sites?

ZipRecruiter on Friday laid off almost 500 employees, 39% of its total headcount, due to the sharp reduction in job postings and hiring during the new Coronavirus pandemic.